American Bitcoin (ABTC), linked to the Trump family, posted a third-quarter profit and said revenue more than doubled year‑over‑year after expanding mining capacity and completing its first full quarter as a public company.
Bitfarms stock fell 18% after the company announced plans to exit Bitcoin mining by 2027 and pivot to AI infrastructure following a Q3 loss of about $46 million. The move has raised investor concern and highlights a potential industry shift away from legacy mining.
MicroStrategy (MSTR) stock fell after its market capitalization dropped below the estimated value of the company’s Bitcoin holdings as investors shift toward ETFs and shy away from corporate crypto exposure and leverage. The move underscores growing preference for direct ETF access and raises questions about balance-sheet risk for crypto-heavy firms.
American Bitcoin Corp. (NASDAQ:ABTC) reports third-quarter results before markets open Friday; investors will watch production, Bitcoin holdings, and any updates tied to Eric Trump's venture. The print could influence near-term trading given the company’s balance-sheet exposure and recent market momentum.
CleanCore Solutions, which holds 733 million Dogecoin, saw its shares tumble to a fresh low Thursday amid a sharp DOGE sell-off, stoking investor worry over concentrated crypto exposure and potential regulatory scrutiny.
Bitcoin miner stocks tumbled Thursday as BTC slipped and risk-on assets retreated, dragging other crypto-focused equities lower. The sell-off highlights miners’ sensitivity to spot price moves and market liquidity.
MicroStrategy (MSTR) slid about 6.6% after bitcoin dipped nearly 3% to roughly $98,600, sending the stock to its weakest level in 13 months. Despite the decline, MSTR continues to trade at a premium to the market value of its bitcoin holdings.
MicroStrategy's stock traded below the value of its Bitcoin holdings on Nov. 12, signalling rare investor caution toward the largest corporate holder of BTC. The move underscores how markets price company-specific risks separately from crypto asset values.
MicroStrategy's stock briefly fell below the estimated value of its BTC holdings as MSTR hit a 2025 low, signaling waning investor confidence in the firm's Bitcoin-first playbook.